Dallas, Texas prices: $10,000,000 in 1965 $99,493,132.33 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $89,493,132.33 difference in value).

Between 1965 and 2024: Dallas experienced an average inflation rate of 3.97% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1965 would cost $99,493,132.33 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation in Dallas was higher.

In the year 1965: Pricing changed by 1.07%, which is below the average yearly change in Dallas during the 1965-2024 time period. Compared to inflation for all items in 1965 (1.59%), inflation in Dallas was lower.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (16.95%), 1979 (12.42%), and 1981 (11.74%).

View price changes for other categories
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Buying power of $10,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$10,000,000.001.07%
1966$10,346,175.323.46%
1967$10,664,433.283.08%
1968$11,105,527.644.14%
1969$11,806,253.496.31%
1970$12,540,480.186.22%
1971$12,925,739.813.07%
1972$13,302,624.232.92%
1973$13,992,183.145.18%
1974$15,379,676.169.92%
1975$16,800,670.029.24%
1976$17,825,237.306.10%
1977$19,137,353.437.36%
1978$20,633,724.187.82%
1979$23,196,538.2512.42%
1980$27,127,303.1816.95%
1981$30,312,674.4811.74%
1982$32,144,053.606.04%
1983$33,319,374.653.66%
1984$34,885,538.814.70%
1985$36,192,071.473.75%
1986$36,825,795.641.75%
1987$37,744,276.942.49%
1988$38,841,429.372.91%
1989$40,002,791.742.99%
1990$41,811,836.964.52%
1991$43,768,844.224.68%
1992$44,829,704.082.42%
1993$45,951,982.132.50%
1994$47,250,139.592.83%
1995$48,481,295.372.61%
1996$49,807,370.182.74%
1997$50,695,142.381.78%
1998$51,412,618.651.42%
1999$52,864,321.612.82%
2000$55,086,543.834.20%
2001$57,029,592.413.53%
2002$57,805,695.141.36%
2003$59,022,892.242.11%
2004$59,810,161.921.33%
2005$61,742,043.553.23%
2006$63,668,341.713.12%
2007$64,624,399.781.50%
2008$67,581,183.704.58%
2009$67,135,455.05-0.66%
2010$67,530,597.430.59%
2011$69,575,656.063.03%
2012$71,035,622.562.10%
2013$72,324,288.111.81%
2014$73,182,970.411.19%
2015$72,817,252.93-0.50%
2016$73,838,470.131.40%
2017$75,720,212.172.55%
2018$77,948,520.382.94%
2019$79,585,092.132.10%
2020$80,078,559.460.62%
2021$84,109,380.235.03%
2022$91,532,328.318.83%
2023$96,354,550.535.27%
2024$99,493,132.333.26%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1965 * 1965 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.850 in the year 1965 and 296.987 in 2024:

296.987 / 29.850 * $10,000,000 = $99,493,132.33

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1965 has the same "purchasing power" as $99,493,132.33 in 2024 (in the CPI category of Dallas-Fort Worth, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dallas-Fort Worth, Texas in 1963. In addition to Dallas, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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